Ind. Code § 16-22-6-15

Payment of lease rental; sources

As added by P.L.2-1993, SEC.5.

A lease executed under this chapter may provide for the payment of the lease rental in one (1) of the following ways:

  1. (1) Entirely from the levy of taxes.
  2. (2) Entirely from the net revenues of the hospital of which the leased building or buildings are a part.
  3. (3) In part from the levy of taxes and in part from the net revenues as fixed and set forth in the lease.
  4. (4) From a cumulative building fund established by the lessee under any of the following:

    1. (A) IC 16-12-16 (before its repeal on July 1, 1993).
    2. (B) IC 16-12.1-4-4 (before its repeal on July 1, 1993).
    3. (C) IC 16-22-5 .

      [Pre-1993 Recodification Citations: 16-12-20-12(a); 16-12-20-12.5 part.]

As added by P.L.2-1993, SEC.5.

Log InSign Up